The '''San Francisco Housing Fund Act''', or '''Proposition B''', was on the [[California 2008 local ballot measures|November 4, 2008 ballot]] in [[San Francisco County, California ballot measures|San Francisco]] for voters in the City of San Francisco.

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Proposition B was '''defeated''' with 47.81% of the vote.

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If Proposition B had been approved, it would have authorized the city to establish an "Affordable Housing Fund." This would have been funded with a set-aside from the property tax of 2.5 cents for every $100 of assessed value. The revenue would have been used to acquire and develop new affordable housing units.

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==Ballot language==

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==Election results==

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The language on the ballot said:

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{{Short outcome

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:Shall the City establish an Affordable Housing Fund; set aside from the property tax 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?

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| title = Proposition B

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| yes = 166,299

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| yespct = 47.81

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| no = 181,534

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| nopct = 52.19

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| image =

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| unresolved =

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| state = Local

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| percent = 66.67

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}}

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:''These final, certified, results are from the [http://www.sfgov2.org/index.aspx?page=1793 San Francisco elections office].''

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==External links==

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==Ballot question==

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* [http://www.sfgov.org/site/uploadedfiles/elections/candidates/QualifiedLocalBallotMeasuresWithTitlesAsOf81508_3.pdf List of all measures on the November 4 San Francisco ballot]

text = '''Proposition B:''' "Shall the City establish an Affordable Housing Fund; set aside from the [[property tax]] 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?"

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}}

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==Path to the ballot==

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Proposition B was referred to the ballot on January 8, 2008 by an 8-3 vote of the [[San Francisco Board of Supervisors]].

If Proposition B had been approved, it would have authorized the city to establish an "Affordable Housing Fund." This would have been funded with a set-aside from the property tax of 2.5 cents for every $100 of assessed value. The revenue would have been used to acquire and develop new affordable housing units.

Election results

Ballot question

The question on the ballot:

Proposition B: "Shall the City establish an Affordable Housing Fund; set aside from the property tax 2 ½ cents for every $100 of assessed value for this Fund through 2024; and use this Fund, subject to public review, to acquire and develop new affordable housing units meeting certain priorities and income limitations?"[1]